About Detroit Bikes
Detroit Bikes is a company based in Detroit (United States) founded in 2011 by Zak Pashak was acquired by TIME Bicycles in January 2022.. Detroit Bikes operates in a competitive market with competitors including Ariens, WizWheelz, Samson Tube, Cutting Edge Engraving and Simple Bicycle, among others.
- Headquarter Detroit, United States
- Founders Zak Pashak
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
TIME Bicycles
(Jan 19, 2022)
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Funding Insights of Detroit Bikes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Detroit Bikes
Detroit Bikes has secured backing from 1 investor. Prominent investors backing the company include TIME Bicycles. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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High-performance bicycles are designed and manufactured by TIME Bicycles.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Detroit Bikes
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Detroit Bikes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Detroit Bikes Comparisons
Competitors of Detroit Bikes
Detroit Bikes operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ariens, WizWheelz, Samson Tube, Cutting Edge Engraving and Simple Bicycle, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Produces lawn mowers, snow blowers, and outdoor power equipment for consumers.
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Provides recumbent trikes and accessories for versatile, comfortable cycling experiences.
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| domain | founded_year | HQ Location |
Manufactures tube assemblies for vehicles, engines, and industrial equipment worldwide.
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Contract manufacturer of drinkware machines
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| domain | founded_year | HQ Location |
Produces high-quality bicycle frames and tools for independent brands.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Detroit Bikes
Frequently Asked Questions about Detroit Bikes
When was Detroit Bikes founded?
Detroit Bikes was founded in 2011.
Where is Detroit Bikes located?
Detroit Bikes is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.
What does Detroit Bikes do?
Detroit Bikes was established in 2011 by founder Zak Pashak in Detroit, United States. Operations focus on contract manufacturing within the bicycle industry, where custom bike production is handled for various clients. Services encompass assembly and fabrication processes tailored to specifications, with activities centered in the local Detroit facility to support regional manufacturing needs.
Who are the top competitors of Detroit Bikes?
Detroit Bikes's top competitors include Cutting Edge Engraving, Ariens and WizWheelz.
Who are Detroit Bikes's investors?
Detroit Bikes has 1 investor. Key investors include TIME Bicycles.